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Watabe Wedding Corp (4696.T)

4696.T on Tokyo Stock Exchange

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¥577
Open
¥572
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¥576
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¥569
Volume
12,600
Avg. Vol
37,791
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¥656
52-wk Low
¥378

Latest Key Developments (Source: Significant Developments)

SENSHUKAI subsidiary to acquire shares in WATABE WEDDING
Monday, 7 Sep 2015 02:30am EDT 

SENSHUKAI CO LTD:Says SENSHUKAI's wholly owned subsidiary to acquire a 8 pct stake (792,400 shares) in WATABE WEDDING CORP from SENSHUKAI CO LTD on Sep. 7.  Full Article

SENSHUKAI to acquire shares in WATABE WEDDING; WATABE WEDDING cancels new shares issue through private placement and announces shareholding structure change
Tuesday, 1 Sep 2015 07:45pm EDT 

SENSHUKAI CO LTD:To acquire 3,367,900 shares through takeover bid offered by WATABE WEDDING CORP at price of 700 yen per share, with settlement date from Sep. 7.To raise stake in WATABE WEDDING to 33.99 pct from 0 pct after transaction.WATABE WEDDING CORP canceled issuing 5,102,800 new shares through private placement to SENSHUKAI announced on July 24.Says SENSHUKAI to be the top shareholder of WATABE WEDDING effective Sep. 7.  Full Article

WATABE WEDDING to issue news shares to SENSHUKAI Co Ltd through private placement and signs business alliance with SENSHUKAI
Friday, 24 Jul 2015 03:00am EDT 

WATABE WEDDING CORP:To issue 5,102,800 new shares of common stock at the price of 700 yen per share, or 3,571,960,000 yen in all, to SENSHUKAI Co Ltd.Effective date Sep. 7 to Oct. 28.After the transaction, SENSHUKAI Co Ltd will hold 33.99 pct in WATABE WEDDING, up from 0 pct.Signs business alliance with SENSHUKAI.Through the business alliance, the two companies will work on wedding related product, service business, platform construction, customer development, as well as marketing, product promotion and overseas marketing development.  Full Article

WATABE WEDDING expects extraordinary loss and lowers full-year consolidated outlook for FY 2015; cancels year-end dividend payment for FY 2015
Friday, 24 Apr 2015 03:00am EDT 

WATABE WEDDING CORP:Sees extraordinary loss of 234 mln yen as expense on shutdown of facilities and stores, for fiscal year 2015.Lowers full-year consolidated outlook for fiscal year ended March 31, 2015.Full-year revenue outlook of 44,200 mln yen lowered from 45,600 mln yen.Full-year operating profit outlook of a loss of 699 mln yen lowered from 100 mln yen.Full-year ordinary profit outlook of a loss of 400 mln yen lowered from 130 mln yen.Full-year net profit outlook of a loss of 1,800 mln yen lowered from a loss of 100 mln yen.Full-year earnings per share outlook of a loss of 181.65 yen lowered from a loss of 10.09 yen.Outlook lowered due to increased cost following yen depreciation, sluggish demands in hotel and domestic wedding business caused by price raise as well as market competition.Cancels year-end dividend payment, which was disclosed as an undetermined value, for fiscal year 2015.  Full Article

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